On November 11, Japanese Prime Minister Shigeru Ishiba announced a $65 billion initiative to strengthen Japan’s chip and artificial intelligence (AI) industries through subsidies and financial incentives, as reported by Reuters.   Purpose of the Initiative The plan, valued at over 10 trillion yen ($65 billion) through fiscal 2030, aims to bolster Japan’s control over …

The post Japan Launches $65 Billion Boost for Domestic Chip Industry first appeared on The Daily Star Lebanon.